Have Nots

Food Stamps For The Wealthy – Millionaires Meet Eligibility Requirements

Food Stamps For The Wealthy - Millionaires Meet Eligibility Requirements

Newt Gingrich started a food fight at the last Republican debate by calling Barrack Obama “The Food Stamp President” and suggesting that food stamps were creating dependence on the government.  Mr. Gingrich went on to say that […]

Census Bureau Report Portrays Destruction Of The American Dream

Census Bureau Report Portrays Destruction Of The American Dream

It Already Is A Depression For Many The latest report from the Census Bureau on income, poverty and health insurance coverage portrays a darkening economic picture for millions of Americans.  Incomes and living standards fell without regard […]

Loan Sharks “Salvation” For Many At 2,437% Interest Rates

Loan Sharks: The New Subprime Lenders With A Twist – They Expect To Get Repaid – And Why A Loan At 2,437% Interest Makes Sense For every loser, there is a winner.  Since the demise of the […]

Extended Unemployment Benefits Make Little Sense

Extended Unemployment Benefits Make Little Sense

Do Extended Benefits Reduce Job Seeker’s Motivation? Excluding the depression of the 1930’s we are fast approaching a new official high in unemployment.  During the depths of the last worst recession of 1981, unemployment exceeded 10% vs […]

The Contradiction Of Empty Homes And Rising Apartment Vacancies

A Housing Surplus Huge increases in foreclosures have resulted in millions of homes sitting vacant as bank REO managers struggle to sell the empty homes.  Theoretically, people who have been evicted or lost their homes to foreclosures […]

Profile Of A “Making Home Affordable” Homeowner – Everyone Should Do It

Overburdened  Homeowner Subsidized Loan modification programs have been seen as the answer to preventing foreclosures and allowing the housing market to stabilize.  The programs have become progressively more aggressive as foreclosures continue to mount and housing prices […]

Financial Sense Eludes Most Americans

Financial Sense Eludes Most Americans

Financial Quiz – Which Option Is Better? 1.  Spend $2.50 today and receive $92 back over the next four years. 2.  Spend 25 cents 10 times over the next four years plus spend $92, at easy payment […]

Tea Parties Draw Small Crowds – Are Taxes Too Low?

Tea Parties Draw Small Crowds - Are Taxes Too Low?

Hartford, CT Anti-Tax Rally Anti-tax tea party rallies took place across the nation on tax day, April 15th.   All things considered, including the warm spring weather, the size of the crowds protesting seemed oddly small. MSNBC -Whipped […]

Economists Give Obama Grade Rating of F – An Ugly Ending

The First Test Results Are In Obama, Geithner Get Low Grades From Economists U.S. President Barack Obama and Treasury Secretary Timothy Geithner received failing grades for their efforts to revive the economy from participants in the latest […]